There are many reasons why a US taxpayer should never communicate with the IRS directly.? If you have received a "Letter of Notification" from the agency regarding an IRS audit or a collection action such as a Levy or Garnishment, the IRS has you in their sights.? The IRS has...
You Need Early Proactive Legal Counsel when Tax Issues Strike
Why do you need early proactive legal counsel when tax issues strike?? What do you need to know about communications with the IRS and California?s tax agencies? The idea that every person in the United States will accurately file their taxes by the April 15 due date is a fantasy....
2021 Trust and Estate Planning for Business Owners
Janathan Allen and Allen Barron Provide 2021 trust and estate planning for business owners. You don't have to own real property or have substantial wealth in order to truly benefit from a well crafted trust. If you own a small business and have a few bank accounts or even retirement...
It?s Never Too Late to Go Back and Correct Past FBARs
It?s never too late to go back and correct past FBARs and file amended returns with the IRS.? This isn't always the best strategy, but it should definitely be considered - especially when there are concerns with "willful" conduct on the part of the US taxpayer to hide money or...
What are the Statute of Limitations on an IRS Audit?
What are the statute of limitations on an IRS audit?? There is a time limit, known as the "statute of limitations", when the IRS must complete an audit of your tax returns.? This is usually based on a 3 year period from the date you originally filed the return.? While...
What Should a Business Do After an IRS Audit
What should a business do after an IRS audit is completed? The real world answer: prepare for other knocks on the door from the EDD and FTB. The agencies cooperate with one another, and immediately after one finishes an audit, you are required to provide the other with the results...
Innovation in Business Services for Our Changing Business Climate
Allen Barron has introduced innovation in business services for our changing business climate. The impact of COVID-19 on local, regional, national and international business cannot be overstated. Our integrated business advisory, legal, tax and accounting services provide business owners and managers with a single-source partner for every step in the...
An Integrated Partner for the Life Cycle of Your Business
Allen Barron is an integrated partner for the life cycle of your business in San Diego and around the world. Our clients value the depth of experience and expertise we bring to the table to assist with any challenge or opportunity. Our business consulting and advisory group provide general counsel...
Business Succession Planning to Ensure Success
Why should you consider business succession planning to ensure success for your company in San Diego or Southern California?? How does a business succession plan protect the ongoing operations of your business and the interests of your heirs and beneficiaries?? The primary objective of a business succession plan is to...